Citi Investment Banking's China market head Yuan Zengyi said on November 14 at the Citi China Summit that the recent pullback in the AI sector represents a healthy market correction, as major tech firms have not cut capital expenditures and supply constraints remain the core bottleneck. "Various adjustments driven by concerns over slowing AI investment or high valuations are normal, but we haven't seen widespread panic," Yuan said. China's AI supply chain has been less affected by the volatility, he added, while overseas investor demand has surged, with many projects now attracting over 50% capital allocation from international investors.

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